Palamina Identifies Multiple Manganese Pathfinder Anomalies at the Galena Silver Copper Project
PALAMINA IDENTIFIES MULTIPLE MANGANESE PATHFINDER ANOMALIES
AT THE GALENA SILVER COPPER PROJECT
FOR IMMEDIATE RELEASE
Toronto – January 20, 2025
Palamina Corp. (TSXV: PA, OTCQB: PLMNF) has completed an initial systematic soil sampling program
utilizing a hand held XRF (X -Ray Fluorescence) spectromet er at its 100% owned Galena Silver Copper
Project in south-eastern Peru.
Highlights:
• Over 900 soil samples collected in 3 zones
• Large silver, copper, manganese anomalies outlined in areas with quaternary cover
• Manganese pathfinder element for Carbonate Replacement Deposits (“CRD”) in the district
• NW-SE and NE-SW orientation to anomalies confirm regional metallogenic trends
Andrew Thomson, President of Palamina commented: “At Galena, XRF soil sampling was carried out in the
Gris, Verde and Rosa mineralized zones and served to confirm that manganese rich minerals are present in
all 3 target areas sampled and within the same NE regional trend as the Santa Barbara Mine and Aftermath
Silver’s Berenguela Manganese project. Palamina intends to expand the XRF survey to cover a larger area
following which a gravity geophysical survey is planned to define drill targets to test for silver-copper-
manganese CRD deposits. ”
Palamina collected 933 B-horizon and regolith samples within five zones at 100 metre intervals along lines
spaced 100 metres apart. A 2 x 1.5 km manganese anomaly is centered on the southern part of the Gris
anomaly in an area with little outcrop. Similar anomalies are found over the Rosa and Verde zones, confirming
that Galena could host CRD mineralization with similar size and scope as the Santa Barbara and Berenguela
mines located NNE of the historic Santa Rosa mine within Galena.
Source: Es ri, Maxar, Earthstar Geographics, and the GIS User Community
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Historic Mines
Figure 1: Manganese (Mn) results in ppm from XRF soil survey
Figure 2: Silver (Ag) results in ppm from XRF soil survey
Figure 3: Copper (Cu) results in ppm from the 2024 Galena XRF soil survey
Mineralization occurs along veins, fractures, and in autobreccia matrix, all hosted in Miocene aged
Tacaza formation volcanic flows, breccia and tuff. Cretaceous aged limestone, of the same formation
that hosts CRD mineralization at Berenguela, outcrops on the north side of Galena
The current XRF survey covered only a small portion (8 km 2) of the target areas. Palamina intends
to expand the XRF survey to cover a larger 30 km2 area pursuant to which a gravity survey is planned
to test for CRD type deposits under the outcropping Tertiary volcanic geology. Figure 4 shows the
remote sensing survey covering the Galena Project completed in the fall of 2024 and the close
correlation between manganese-rich minerals and our known targets.
Figure 4: 2024 remote sensing survey map and 2024 soil sampling grid areas
Technical Note on Soil Sampling
All soil samples were collected by Palamina geologists and local helpers. In most cases, the "B-horizon" of
the soil profile was collected. Only 200g of sample material is collected from each site, from which a soil
sample pellet was produced. The pellet was subsequently dried and analyzed by a portable XRF (pXRF). Each
sample w as analyzed four times before entering the arithmetic average value for each element into the
database. The method is designed to minimize the risk of contamination and ground disturbance. Certified
reference material, blanks and field duplicates are routinely added to monitor the quality of the pXRF data.
The technical information herein has been reviewed and approved by Alvaro Fernandez -Baca, P. Geo., a
Qualified Person as defined by National Instrument 43 -101. Mr. Fernandez -Baca is Vice -President,
Exploration of Palamina.
About Palamina Corp.
Palamina is an exploration company with a land bank of gold projects in the Puno Orogenic Gold Belt in
southeastern Peru. Palamina is adding value through drill discovery at its Usicayos gold project. Palamina
also has an “acquire and hold” strategy with copper silver assets in southeastern and northeastern Peru.
Palamina holds a 15.4% equity interest in Winshear Gold Corp. (WINS:TSX.V) and a 2% NSR royalty on
all their Peruvian projects. Palamina has 71, 634,836 shares outstanding and trades on the TSX Vent ure
Exchange under the symbol PA and on the OTCQB Venture Market under the symbol PLMNF.
On Behalf of the Board of Directors:
Andrew Thomson, President
Phone: (416) 204-7536 or visit www.palamina.com
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